Good MORNING Forex Traders on 11-16-17!!!
The USD is still showing weakness, we hit an area of demand on yesterday and still have supply above. in the WTF USD is closer to demand, in DTF there you will see the supply just above. Will have some significant economic data coming out over the next 36 hours that could cause movement or change in trend. However, if you trade the DXY there is a buying opportunity right now on the 15min to 1hr charts!
EURNZD 1hr
Buy: 1.6999-1.7023
Stop: 1.69910
T1: 1.71107
T2: 1.71978
GBPNZD 1 hr
Buy: 1.8725-1.8777
Stop: 1.8721
T1: 1.8976
T2: 1.9215
NZDCHF 1hr
Sell: .6866-.6879
Stop: .6889
T1: .6821
T2: .6754
Below are a few trade ideas I plan to take. Join in at YOUR OWN RISK lol!!!
Trade to Win Not to Get Rich Overnight!